Reviews
Discover Bank Review: read before applying
There are many financial institution options, which can make it difficult to choose. But, check out this Discover Bank Review, and find out if it might be the right option for you!
Advertisement
Discover Bank: find hassle-free account options!
Discover is one of the most popular lenders in North America. It has several options of cards and plans to meet all needs. So, checking out the Discover Bank review will help you choose one of them.
Discover’s financial institution has many possible account types. In addition, it offers several card options with cashback above 1%, some with zero fees, and a lower APR rate than many institutions.
Applying for the Discover Bank account
Discover Bank can serve a variety of goals, including yours. If you want to know how to apply and open your account, you've come to the right place. Check out!
If you want a complete banking option with benefits, Discover is the one to offer it. Many card options have zero fees and some benefits according to your goals. Read more.
| Fees* | There are no monthly fees for the checking, savings, and Money Market accounts. *Terms apply. |
| Minimum balance* | No minimum deposit for the online savings account. *Terms apply. |
| Account options* | You can earn up to 1% cash back with the checking account’s debit card. *Terms apply. |
| Investment options* | Online savings account with 2.00% APY and 2.70% APY for 12 months with the Certificate of Deposit option. *Terms apply. |
| Other financial products | The checking account offers a debit card with rewards. Also, there is a savings account, money market account, and others. |
Is the Discover Bank legit?
Discover Bank has several reviews on reputable platforms such as Forbes and BankRate. Reviews about their services show that they are legitimate and of good quality.
Other sites also point out user reviews and are listed as positive. In other words, it is an option to be considered for investment.
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
Discover Bank: how does it work?
Discover Bank is a very versatile lender option that allows you to open a range of accounts as needed. The card options have great ratings and are available for all credit score types.
Fees are generally very competitive with other institutions. The Cashback offered is also above the market as per the card option requested. Check out the pros and cons of this option.
Pros
- No requirement for minimum balances for the savings account;
- No monthly fees for the checking, savings, and money market accounts;
- Possibility of paying all bills online;
- Plenty of account types to suit all needs;
- Great availability of ATMs in the country;
- Highly competitive APYs on savings accounts and CDS.
Cons
- There are no auto loans available;
- No refunds for ATM fees that are used outside the established network.
Credit scores need to be good?
Generally, a fair credit score of at least 690 is enough to apply for one of the card options. Student cards are the options that require this minimum credit.
Other account options may accept you even with a low score.
Want to apply for a Discover Bank account?
As you can see in this Discover Bank Review, this financial institution can be very advantageous. You can benefit from zero annual fees on most cards and good cashback.
However, you must follow a few steps to apply for a Discover Bank account. Thus, your chances of approval and obtaining the benefits increase. Check out how to apply in our post below!
Applying for the Discover Bank account
Discover Bank can serve a variety of goals, including yours. If you want to know how to apply and open your account, you've come to the right place. Check out!
Trending Topics
Honest Loans: how to apply now!
Learn how to apply for Honest Loans. It is easier than ever. Borrow up to $50K for several purposes! Keep reading for more!
Keep Reading
Neo Financial credit card full review
Neo Financial credit card is changing the way online banking works. It has no annual fee and valuable rewards. Read on to learn about it.
Keep Reading
Sable account review: read before applying
Need a Sable account review you can rely on? We got you! In this review we cover fees, perks, benefits, its pros and its cons.
Keep ReadingYou may also like
Rocket Loans personal loan review: is it worth it?
Need a good loan but don't have a good credit level? Then get to know Rocket Loans personal loan and its benefits.
Keep Reading
American Express Platinum credit card full review
Discover everything you need to know about the American Express Platinum credit card, including eligibility requirements and rewards offered.
Keep Reading
What Is an Unsecured Credit Card?
Explore the world of unsecured credit cards and learn "what is an unsecured credit card." Discover the flexibility, benefits, and drawbacks!
Keep Reading